Belarus: inflation at 0.7% in April 2017

In April the index of consumer prices for goods and services totaled 100.7% as against March and 102.4% as against December 2016, the National Statistics Committee of Belarus reported. In April the basic index of consumer prices that disregarded changes of prices for the commodities and services affected by administrative and seasonal factors reached 100.1%…

Latvia: grey economy’s proportion up in 2016

Latvia’s grey economy proportion was 20.3% of GDP last year. It is 1% higher in comparison with 2015, according to results of the data from the Grey Economy in Baltic States 2009-2016 study. The most common signs of grey economy in Latvia are undeclared income (42.1%), envelope wages (40.2%) and unregistered employees (17.7%). In Lithuania,…